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a republican source says president obama and house speaker john boehner spoke by phone. >> we need a response from the white house. we can't negotiate with ourselves. >> the hold upright now is that speaker boehner took a position, i think the day after the campaign that said we're willing to bring in revenue, but not willing to increase rates. >> reporter: gridlock, 26 days and counting. no word on what the president and speaker boehner discussed. given the fact there's not a lot of progress, just the fact they were on the phone represents a small development. tracie potts, nbc news, washington. >>> new information into vincent gray's campaign. sources tell "the washington post" some of his campaign staff hid donations. it cites people familiar with the probe. city employees and contractors were promised their contributions would not be reported. it goes against finance laws. the donations are different from an illegal shadow campaign that raised more than $600,000 for mayor vincent gray. >>> new this morning, d.c. firefighters are trying to figure out what sparked flames in this ap
a republican source says president obama and house speaker john boehner spoke by phone. >> we need a response from the white house. we can't negotiate with ourselves. >> the hold upright now is that speaker boehner took a position, i think the day after the campaign that said we're willing to bring in revenue, but not willing to increase rates. >> reporter: gridlock, 26 days and counting. no word on what the president and speaker boehner discussed. given the fact there's not a...
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. >> president obama and house speaker john boehner talked by telephone today about the fiscal cliff. lawmakers have until december 31st to reach a deal to avoid dramatic tax heights and budget cuts. the president wants higher taxes on people making more than $250,000 a year. to make up $1.6 trillion in 10 years. republicans want to close loopholes, make half as much money and not raise taxes. >>> businessman greg hall files an appeal. neither should get the seat. the democratic central committee has nominated hall to replace alston. the judge ruled that governor omaley will pick the next one. >> a court battle between a home contractor and an unhappy customer. a judge in fairfax county has ordered a woman, the homeowner, to remove parts of her posts on yelp and on angie's list. jane perez is the homeowner. she complained about repairs. she also claimed that some of her jewelry disappeared while the contractor had the only other key to her home. the contractor is named christopher dietz. the judge says that the woman's po posts about her jewelry goes too far and she has to remove that
. >> president obama and house speaker john boehner talked by telephone today about the fiscal cliff. lawmakers have until december 31st to reach a deal to avoid dramatic tax heights and budget cuts. the president wants higher taxes on people making more than $250,000 a year. to make up $1.6 trillion in 10 years. republicans want to close loopholes, make half as much money and not raise taxes. >>> businessman greg hall files an appeal. neither should get the seat. the democratic...
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. >> reporter: we are now hearing the staffs for president obama and republican house speaker john boehner are talking now again after a week. whether they're making significant progress, we hope to get more details today. >> tracie, thank you. >>> breaking news out of syria. here's melissa mollet at the live desk. >> good morning. syrian rebels claiming damascus international a civilian target. they're warning civilians not to approach it. they're also warning the syrian government is planning to use chemical weapons. and regime forces are firing rockets around the capital. 40,000 people have been killed in the country's civil war. at the live desk, melissa mollet, news 4. >>> today world war ii veterans nationwide will commemorate the 70th anniversary of the attack on pearl harbor. pearl harbor survivors will attend a wreath laying ceremony. in our area, flags will be flown at half staff today on all local, state, and federal buildings. in virginia, governor bob mcdonnell will attend a ceremony and lay a wreath at the virginia war memorial in richmond. governor mcdonnell has issued a pro
. >> reporter: we are now hearing the staffs for president obama and republican house speaker john boehner are talking now again after a week. whether they're making significant progress, we hope to get more details today. >> tracie, thank you. >>> breaking news out of syria. here's melissa mollet at the live desk. >> good morning. syrian rebels claiming damascus international a civilian target. they're warning civilians not to approach it. they're also warning the...
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yesterday's negotiations consisted on a phone call between president obama and house speaker john boehner. both are still sticking to their separate plans. the president's plan raises taxes on the top 2% to raise 1.6 trillion in revenue, while the gop wants to close tax loopholes to raise half as much. >> we can probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need to do a balanced plan. >> i'll be available at any moment to sit down with the president to get serious about solving this problem. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year to get their way on tax and spending cuts. the pentagon is already planning major cuts in case there is no deal. the preliminary plan is to cut 500 billion dollars in jobs and programs. the pentagon's spokesman says those cuts could force the defense department to abandon its new military strategy. it's also likely to affect spending on weapons and technology programs as well as how the military provide
yesterday's negotiations consisted on a phone call between president obama and house speaker john boehner. both are still sticking to their separate plans. the president's plan raises taxes on the top 2% to raise 1.6 trillion in revenue, while the gop wants to close tax loopholes to raise half as much. >> we can probably solve this in about a week. it's not that tough. but we need that conceptual breakthrough that says we need to do a balanced plan. >> i'll be available at any...
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president obama and house speaker john boehner spoke by phone yesterday as democrats and republicans continue to dig their heels in over this budget standoff. there's been no announcement of any new face the face talks as lawmakers try to reach a deal to avoid the so called fiscal cliff in january. treasury secretary tim geithner tells cnbc republicans have made a little progress, but the obama administration is "absolutely ready to go over the cliff if the gop doesn't agree to raise tax rates on wealthy americans." apple has lost a bit of its shine. the tech giant stock suffering its worst day in four years on thursday. several factors may have been at play. investors worried apple may be giving up ground in the tablet market to rivals, while nokia beat the company to the punch. there are also unconfirmed reports a stock clearinghouse firm is reducing the margin requirements on apple stock. apple lost $35 billion in market value yesterday. to put that into perspective, there are 417 companies listed on the s&p 500 index that have a market cap below $35 billion, so the jimmer fredet
president obama and house speaker john boehner spoke by phone yesterday as democrats and republicans continue to dig their heels in over this budget standoff. there's been no announcement of any new face the face talks as lawmakers try to reach a deal to avoid the so called fiscal cliff in january. treasury secretary tim geithner tells cnbc republicans have made a little progress, but the obama administration is "absolutely ready to go over the cliff if the gop doesn't agree to raise tax...
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boehner. both are still sticking so their separate plans. the president raises taxes on the top 2% to raise 1.6 billion in revenue while the gop wants to close tax loopholes to raise half as much. >> there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> we can probably solve this in about a week. it's not that tough. but we need that breakthrough that says we need to do a balanced plan. >> the white house says they are also concerned that republicans may use the debt ceiling, which will need to be raised early next year, to get their way on tax and spending cuts. the pentagon is also preparing to make cuts if no deal is reached. the preliminary plan is to cut $500 billion in programs. the pentagon spokesman says it could force them to abandon their new military strategy. it's also likely to affect spending and military weapons. >>> melissa with some breaking news. >> at least five people have
boehner. both are still sticking so their separate plans. the president raises taxes on the top 2% to raise 1.6 billion in revenue while the gop wants to close tax loopholes to raise half as much. >> there are ways to limit deductions, close loopholes and have the same people pay more of their money to the federal government without raising tax rates. >> we can probably solve this in about a week. it's not that tough. but we need that breakthrough that says we need to do a balanced...
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deep in the obama boehner negotiations, they were talking about a proposal with 800 billion in revenue that would come through a somewhat tax reformed process. right now we're seeing the exact opposite. president obama is sticking firm with what he offered in his budget release, or at least in his opening bid and boehner is kind of chasing over obama with more or less compromised proposals saying, why won't you work with me, give more, sacrifice more? look, we're early here and most of the people i talk with in washington are saying we're not going to get deep into this until mid-december at least. if we do a process of kind of incrementally coming from in between the two proposals, you could very easily imagine between obama and boehner on tacks is $1.2 trillion. that's where they end up on mandatory spending, 750. that wouldn't be a shocker either. boehner's opening bid here is not the bid of the side in the stronger position. it's a side desperately trying to get the press to compromise. >> now, michelle whark we don't see in the counteroffer is extension of payroll tax cut, extensi
deep in the obama boehner negotiations, they were talking about a proposal with 800 billion in revenue that would come through a somewhat tax reformed process. right now we're seeing the exact opposite. president obama is sticking firm with what he offered in his budget release, or at least in his opening bid and boehner is kind of chasing over obama with more or less compromised proposals saying, why won't you work with me, give more, sacrifice more? look, we're early here and most of the...
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president obama and house speaker john boehner spoke by phone for the first time in days. no details on that conversation. the two sides are at a state mail over raising attacks on incomes over $250,000. an international news alert. there are fears that the syrian government is getting ready to drop a nerve gas on his own people. the gas is being mixed in bombs for potential use. as ainsley earhart reports, the united states is promising consequences for the gas is excused against the syrian people. >> reporter: it appears there has been an alarming escalation in the syrian civil war, the country's government preparing nerve gas bombs and awaiting the orders from president assad to use them. u.s. officials relying on surveillance said there was no evidence that this had begun. >> we have sent an up mistakeable message that this would cross a red line and those responsible would be held to account. >> reporter: a senior u.s. official telling fox the gas bombs must be used within 60 days in order to be viable inform deployed. the gas could till thousands instantly. some 40,0
president obama and house speaker john boehner spoke by phone for the first time in days. no details on that conversation. the two sides are at a state mail over raising attacks on incomes over $250,000. an international news alert. there are fears that the syrian government is getting ready to drop a nerve gas on his own people. the gas is being mixed in bombs for potential use. as ainsley earhart reports, the united states is promising consequences for the gas is excused against the syrian...
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we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's debt ceiling to get their way on spending cuts and risk defaulting on the country's loans. >> that is a bad strategy for america. it's a bad strategy for your businesses. and it is not a game that i will play. >> reporter: republicans are pushing back. >> he's the president, not the emperorer. >> reporter: fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing t
we're just now learning that president obama spoke to house speaker john boehner by phone this afternoon. but we're not hearing of any progress on avoiding the fiscal cliff or on raising the nation's debt ceiling which is currently at $16.4 trillion. there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders...
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the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president mohammed morsi. the street battles were the most violent since egypt's latest crisis erupted two weeks ago where morsi assumed near absolute power. the opposition is vowing more protests later today. >>> this morning, two australian radio hosts are apologizing for a prank call that's getting worldwide attention. it was made to the hospital where kate is being treated for acute morning sick sentencesness. anna bell roberts is with us. >> reporter: good morning, lynn. that's right. the latest on kate's condition is that she will remain in hospital. we're not quite sure for how much longer, but she is said t
the latest we've learned, president obama and house speaker john boehner have spoken by phone. no word on what they discussed or whether there are any meetings planned, but just the fact that they're talking seems to be progress these days here on capitol hill. >> we'll take that. tracie potts for us in washington. tracie, thanks. >>> egypt state television is reporting at least five people were killed in overnight flashes between supporters and opponents of egyptian president...
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lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end of the session. investors cheering news in a decline in jobless claims, and household wealth in the country grew by $1.7 trillion, to the highest level in five years, talk about a positive indicator for consumer purchasing. the dow jones industrial up 40 points, the s&p up five, and nasdaq rose 15.5 points. volume? a billion shares lighter than yesterday, but above the average of 3.1 billion trading on the board today. apple rebounded from yesterday's worst date performance in four years, a gain of $8.45 today with the ceo saying apple will move imac computer production to the country in the n
lou: the staffs of both president obama and house speaker boehner are talking, but there is still no word of progress on the so-called fiscal cliff or the president's ultimatum. silence indicate a deal in the works or something too ugly for them to contemplate?@ we'll have the latest for you from the white house. white house correspondent ed henry here in just moments, but, first, the money line in hoping washington might get a deal done driving a modestly bullish mood on wall street at the end...
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and fox 5 learned that president obama and john boehner spoke on the issue today, but the results have not been made public. the white house is asking federal agencies to plan for $100 billion in spending cuts and that is what happened if not resolved. administration believes the deal will be done. john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending and, i believe, it's super flowous. >> and that is a law, higher rates to go up for the 2072%, including all of you. yes. >> reporter: president obama was speaking to business leaders when he made the comment. he insists he will veto any bill not including tax increases on wealthier americans. >>> the defense department started planning for the roughly $500 billion in personnel cuts. the pin is not talking to the defense contractors of public plans. >>> the council made it clear that it's not following the mayor's lead on several issues. it was evident last night during a 13-hour meeting. the council vote
and fox 5 learned that president obama and john boehner spoke on the issue today, but the results have not been made public. the white house is asking federal agencies to plan for $100 billion in spending cuts and that is what happened if not resolved. administration believes the deal will be done. john boehner made an offer earlier this week putting $800 billion on new revenue on the table. he got hit hard by the administration and members of his own party. >> we have to cut spending...
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president obama has john boehner boxed in and is done playing games. now it's getting good. this is "the ed show." let's get to work. >> let's allow higher rates to go up for the top 2%. that includes all of you. >> the president holds the line on taxes and draws the line on the debt ceiling. >> i will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman schultz responds tonight. plus, senator barbara boxer on her new plan for national polling place standards. and a new poll shows half of all republicans think the defunct group a.c.o.r.n. stole the election from president obama.
president obama has john boehner boxed in and is done playing games. now it's getting good. this is "the ed show." let's get to work. >> let's allow higher rates to go up for the top 2%. that includes all of you. >> the president holds the line on taxes and draws the line on the debt ceiling. >> i will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from...
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the "new york times" reporting that house speaker john boehner wants to speak only to president obama out of public view. though we've just learned that boehner is holding a news conference at 11:00 this morning eastern time. the fight, though, still very public. vice president joe biden is meeting with a middle class family. and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%. but i do remain optimistic that we can get something done that is for families like this one. >> joining me now is barry, msnbc political contributor and editor for grio. hello, guys. >> perry, i'm wondering if these new unemployment numbers add to the president's leverage? >> i think they do. the big thing is the election. but the jobs numbers suggest that the economy is doing well and it cuts against the republican argument that raising taxes on the rich with would hurt the economy and the economy is fragile. the numbers though that the
the "new york times" reporting that house speaker john boehner wants to speak only to president obama out of public view. though we've just learned that boehner is holding a news conference at 11:00 this morning eastern time. the fight, though, still very public. vice president joe biden is meeting with a middle class family. and yesterday president obama met with a virginia family. tax hikes for the rich are nonnegotiable. >> just to be clear, i'm not going to sign any package...
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president obama and john boehner did speak on the issue today, but the results of that conversation not public. the white house has now asked federal agencies to plan for more than $100 billion in cuts. that's what happens if the issue is not resolved by december 31st. >> we've got to cut spending and i believe it's appropriate to put revenues on the table. >> let's allow higher rates to go up for the top 2%. that includes all of you, yes? >> president obama speaking to business leaders when he made that comment today at the white house. insists he will veto any bill that does not include tax increases on wealthier americans. >>> coming up an online shopping horror story, a maryland woman's story may convince you to read the fine print. >> last night we were around 60 degrees most places at this hour. tonight we're some 20 degrees colder than that. i'll let you know how low it gets overnight and if we'll see more warm air on the horizon, but get ready for a chilly overnight. the rest of the forecast is coming up on the news edge at 11:00. >> this is fox 5 news edge at 11:00.
president obama and john boehner did speak on the issue today, but the results of that conversation not public. the white house has now asked federal agencies to plan for more than $100 billion in cuts. that's what happens if the issue is not resolved by december 31st. >> we've got to cut spending and i believe it's appropriate to put revenues on the table. >> let's allow higher rates to go up for the top 2%. that includes all of you, yes? >> president obama speaking to...
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. >> the fiscal cliff negotiations are down to president obama and john boehner. the uncertainty could take a toll. >> it hasn't affected hiring and layoff decisions yet but it will if we get into next year and haven't nailed this down. >> on monday the president travels to michigan to talked economy at a diesel plant. >> why is superstar sandy plain such a role in the jobs report? >> 24 states were affected one way or the other. businesses had to shut down. between the fiscal cliff and senate come when my has seen it up to 200,000 jobs added. instead we're looking at something more like 100,000 we think. not very good. >> tara mergener, thank you. you can apply for official federal assistance immediately. the deadline is this month for some workers. for more affirmation, call 288- 9050. >> 33 degrees at the airport. after some criticism, could apple be in sourcing its next big project? >> will you be putting fewer gifts under the christmas tree this year? >> a day that still lives in infamy. the anniversary of the attack on pearl harbor. >> scattered showers toda
. >> the fiscal cliff negotiations are down to president obama and john boehner. the uncertainty could take a toll. >> it hasn't affected hiring and layoff decisions yet but it will if we get into next year and haven't nailed this down. >> on monday the president travels to michigan to talked economy at a diesel plant. >> why is superstar sandy plain such a role in the jobs report? >> 24 states were affected one way or the other. businesses had to shut down....
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but, ultimately, this is going to require an agreement between president obama, speaker boehner, senator mcconnell, senator harry reid and leader pelosi and in some sense it is going to be the two main players are president obama and speaker boehner. my concern has been this looks like campaign time and the election wasn't over and we didn't have the prospect of going over the fiscal cliff. today the house republicans in a big development put out a plan and i am sure it is not on its face acceptable to the president and the democrats here but interestingly it has the same total number of savings and tax revenues as the president does over 10 years, $2.2 trillion. that is a lot more spending and entitlement reform in the president plan -- republican land and the democratic plan but now they can fill things in and the president has to be at the table to close the deal. he has the mandate to do it. >>neil: part of the mandate means both sides should give a little. obviously the republican plan has a debt commission feel to it but beside that i am wondering if it and tough and i know you are
but, ultimately, this is going to require an agreement between president obama, speaker boehner, senator mcconnell, senator harry reid and leader pelosi and in some sense it is going to be the two main players are president obama and speaker boehner. my concern has been this looks like campaign time and the election wasn't over and we didn't have the prospect of going over the fiscal cliff. today the house republicans in a big development put out a plan and i am sure it is not on its face...
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you've got a existed in in president obama versus a lose her in john boehner. and here is boehner again yesterday, on fox news sunday saying, when he looked at the president's proposal, oh my god. >> i was flabbergasted. >> flabbergasted. >> he can't be serious. i just have never seen anything like it. we've got seven weeks between election day and the end of the year three weeks have been wasted with the nonsense. who is flabbergasted anymore? have you ever heard that word? >> peter: an old word. >> 1920s called. they weren't there. >> bill: yeah, my great aunt madeline used to say, "flabbergasted" she was 90 then. >> i was waiting for him to say we got beat, it was a slobberknocker. >> maybe they say that in the bar. the other thing is t flabbergasted? he has known about this plan. you can check it out. this is nothing to be flabbergasted about. this was out there long since the election and ever since. >> a non--serious proposal. the president was asking for $1.6 trillion worth of new revenue over 10 years, twice as much aziz been asking for in public. stimu
you've got a existed in in president obama versus a lose her in john boehner. and here is boehner again yesterday, on fox news sunday saying, when he looked at the president's proposal, oh my god. >> i was flabbergasted. >> flabbergasted. >> he can't be serious. i just have never seen anything like it. we've got seven weeks between election day and the end of the year three weeks have been wasted with the nonsense. who is flabbergasted anymore? have you ever heard that word?...
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this...
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president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the democrats plan to slow walk our economy to the edge of the fiscal cliff instead of engaging in serious talks to avert the cliff, that includes spending cuts and tax reforms the president once supported. the white house has only offered a joke. i understand we have speaker boehner to the microphones. let's take a listen. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house has wasted another week. eight days ago secretary geithner came here to offer a plan that had twice the tax hikes that
president obama and john boehner. even all sides of the party are excluded. >>> with 25 days before taxes go up for nearly every single american, what effect will the jobs report have on the fiscal standoff? we'll get live remarks from john boehner who is going to try to use the jobs report to the republican's advantage. representative, let's start with the november jobs report numbers. they look very good, good news overall for the koirnlt tree. but speaker boehner said this, the...
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enough about it and that's not influencing what's go on between john boehner, president obama, mitch mcconnell and the other folk on the hill? >> they probably have more awareness than some can imagine. but having said that, it not where it is now, it's when you get to the end when people saw what the options were and the choices were, and then they decide who they think either helped or didn't help. that's sort of the critical moment. at this point, i -- the public wanted to see this resolved is where they're at the this point. >> right. and i always say, polling at this point given how little people know about the specifics of what could go into any deal, we don't have a deal, but if we did, may not be worth all that much. go ahead. >> again, one last thing. that's what's being negotiated at this point what are the specifics that go into it so people can pass judgment on it. >> i want to go to you, we've all been through this before, i feel like this is here we go again. >> here we go again. oh yes. >> all over. >> all over again. >> it feels, to me, the optics -- i hate to use tha
enough about it and that's not influencing what's go on between john boehner, president obama, mitch mcconnell and the other folk on the hill? >> they probably have more awareness than some can imagine. but having said that, it not where it is now, it's when you get to the end when people saw what the options were and the choices were, and then they decide who they think either helped or didn't help. that's sort of the critical moment. at this point, i -- the public wanted to see this...
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president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
president obama and house speaker john boehner finally on speaking terms. but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
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we know president obama and speaker boehner spoke on the phone last night, talked a lot about that even though we don't know what they discussed. the first read team says a fiscal cliff deal is in sight. what do they think the big deal will be? join our conversation on twitter. find us at @tamronhall a and @newsnation. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. [ man thinking ] oh, this gas. those antacids aren't working. oh no, not that, not here! [ male announcer ] antacids don't relieve gas. gas-x is designed to relieve gas. gas-x. the gas xperts. now's a good time to think about your options. are you looking for a plan that really meets your needs? and your budget? as you probabl
we know president obama and speaker boehner spoke on the phone last night, talked a lot about that even though we don't know what they discussed. the first read team says a fiscal cliff deal is in sight. what do they think the big deal will be? join our conversation on twitter. find us at @tamronhall a and @newsnation. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or...
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meanwhile, the white house said tonight president obama has a two-step plan. the first is to extend the middle class tax cuts while allowing cuts for the wealthiest americans to expire. the second is to call for tax reform by august 1st of next year. in the meantime, the nation's debt ceiling is looming in january. the president's warning republicans not to include any debt limit concessions in their fiscal cliff strategy. >>> we have had a lovely week around here. but it's time to get back to a little december reality. >> would you look at that. veronica has a look at another change coming our way. what about it, veronica? >> do you like that sunset? isn't that gorgeous? >> it's lovely. >> fiery red there on the horizon. and not a bad day. the wind picked up a bit. that northwesterly wind behind the cold front that came through very early this morning. high temps in fact for today, 60 degrees. that was at 5:00 a.m. we now stand in the mid-50s. pretty much falling temps all day. now 55 degrees. trinidad, and good afternoon to you folks in tyson's corner. up no
meanwhile, the white house said tonight president obama has a two-step plan. the first is to extend the middle class tax cuts while allowing cuts for the wealthiest americans to expire. the second is to call for tax reform by august 1st of next year. in the meantime, the nation's debt ceiling is looming in january. the president's warning republicans not to include any debt limit concessions in their fiscal cliff strategy. >>> we have had a lovely week around here. but it's time to get...
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but at the same time treasury secretary tim geithner told cnbc that president obama is prepared to take a dive off the so-called fiscal cliff if republicans don't agree to tax hikes on the richest americans. and so we welcome peter alexander, at the ranks of the white house correspondents, with a look at all of it. >> reporter: brian, good evening, on the north lawn, the phone call marks the first time speaker john boehner and the president spoke in a week, that is hardly something to celebrate, but they wouldn't characterize what they discussed in the phone call as the country barrels towards the fiscal cliff. with no talks and no progress to avert the looming fiscal cliff, you could say the house has left the building, streaming out of the capitol. tomorrow's session cancelled. with only three work days left this year, they are often criticized. just 16 votes. across the country, rising frustration, americans asking why the holdup. and what will their taxes look like in 2013. >> maybe instead of getting my sister two things, you give one thing, you have to give pause on what could hap
but at the same time treasury secretary tim geithner told cnbc that president obama is prepared to take a dive off the so-called fiscal cliff if republicans don't agree to tax hikes on the richest americans. and so we welcome peter alexander, at the ranks of the white house correspondents, with a look at all of it. >> reporter: brian, good evening, on the north lawn, the phone call marks the first time speaker john boehner and the president spoke in a week, that is hardly something to...
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if you remember, math by details in the sitdown between boehner and obama last year. boehner's office wouldn't write the number 800 billion in its initial offer to the white house because they didn't want other house republicans to see that. the fact that that figure is on the table and boehner is taking to the air waives to say, you know who's going to get soaked here? the rich. is a shocking reversal of where the republican party was i agree ago. >> look at this. these are some smart conservatives. byron york in "the weekly standard," and john padora, bill kristol are all saying the republicans have to do something. they're playing a losing hand. fedoris writes, every way you look at it, the gop is trapped. republican politicians will cave and give the president most of what he wants. the only real question is, when? the answer is, probably at the worst possible time when they've done even more damage to the party's brand. governor, if you were a republican today, would you sitting down say, you know we have to eat this, deal with this top 2%, we can't be seen as ha
if you remember, math by details in the sitdown between boehner and obama last year. boehner's office wouldn't write the number 800 billion in its initial offer to the white house because they didn't want other house republicans to see that. the fact that that figure is on the table and boehner is taking to the air waives to say, you know who's going to get soaked here? the rich. is a shocking reversal of where the republican party was i agree ago. >> look at this. these are some smart...
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president obama and house speaker john boehner could be off to a fresh start in their efforts to avoid the looming fiscal cliff. the president resumed discussions with boehner on wednesday. however, treasury secretary tim geithner kept up the tough talk telling cnbc the administration would let automatic spending cuts and tax increases take effect if republicans refused to raise tax rates on upper income americans. >>> secretary of state hillary clinton and russia's foreign minister are holding surprise talks today on the deepening crisis in syria. the u.s. is concerned that syrian president assad's regime is on the verge of releasing chemical weapons against its own people. allies want assad to step down to prevent bloodshed. russia is syria's strongest ally. so support for any plan is critical. >>> search and rescue teams are still finding survivors two days after a powerful typhoon bopha struck the southern philippines, but the death toll has climbed beyond 375, and hundreds of people are still missing there. survivors include a 3-year-old child pulled from under a crumbled house an
president obama and house speaker john boehner could be off to a fresh start in their efforts to avoid the looming fiscal cliff. the president resumed discussions with boehner on wednesday. however, treasury secretary tim geithner kept up the tough talk telling cnbc the administration would let automatic spending cuts and tax increases take effect if republicans refused to raise tax rates on upper income americans. >>> secretary of state hillary clinton and russia's foreign minister...
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obama is jewels, boehner is pumpkin and the tea party is yolanda. they're locked in a tense standoff so potentially apock liptic they have guns pointed at each other while they appear very cool. the diner has come to a standstill, which representing the nation awaiting the outcome. like those diners robbed of their wallets and peace, the nation faces uncertainly times ahead. to help sort it out we have jared ber design and peter. let's talk about these two things. unemployment and the one on one game in washington right now. does one have anything to do with the other, jared? >> well, yes, they do, although i'm still trying to work out this movie metaphor, so give me a second. as the labor market improves and i agree with you that things were definitely better in november than we expected, given the lack of apparent damage from the storm at least according to the bureau, as things improve and the underlying economy continues to show more momentum, the job market too slowly in my view but it is improving. the costs, the opportunity costs to use an ec
obama is jewels, boehner is pumpkin and the tea party is yolanda. they're locked in a tense standoff so potentially apock liptic they have guns pointed at each other while they appear very cool. the diner has come to a standstill, which representing the nation awaiting the outcome. like those diners robbed of their wallets and peace, the nation faces uncertainly times ahead. to help sort it out we have jared ber design and peter. let's talk about these two things. unemployment and the one on...
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wednesday, president obama spoke with john boehner and eric cantor says the gop is ready to, quote, talk specific. if an agreement is not reached, defense employees will take a hard hit. almost half of the automatic cuts that would take effect will impact the department of defense and civilian employees are expected to be first to feel it. >>> new this morning, the duchess of cambridge is out of hospital and as we see in this video, just in to the newsroom, she and prince william were seen leaving about 0 minutes ago to head to kensington palace. the couple is expecting their first child and kate had been hospitalized for severe morning sickness. her stay in the hospital was uneventful except for a prank call by a pair of australian dj is pretrending to be the queen and prince charles. >>> same-sex couples in washington state line up to say i do and the state rolls out a controversial new law that legalizes smoking pot in private. >> a software giant arrested. john mcafee is at the center of an investigation into his neighbor's murder. that is not why he was taken into custody. we'll exp
wednesday, president obama spoke with john boehner and eric cantor says the gop is ready to, quote, talk specific. if an agreement is not reached, defense employees will take a hard hit. almost half of the automatic cuts that would take effect will impact the department of defense and civilian employees are expected to be first to feel it. >>> new this morning, the duchess of cambridge is out of hospital and as we see in this video, just in to the newsroom, she and prince william were...
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and boehner on tax policy as though this was the issue that was going to solve the u.s. economy's problems or the u.s. government's budget deficit problems and does it i mean is really such a small part of the iceberg. of economic crisis that this country has been dealing with for the past four years and lo and behold when you talk to people that have been in the game for a while like the former republican strategist has been that we spoke to they say no it's very minimally addressing the problems of the u.s. and to put that in even broader scope our guest kevin phillips his recent book is about seven hundred seventy five so he just finished a book on the american revolution many more economic factors playing a role there than what we maybe are taught in grade school here in the u.s. so we looked at what the lessons are today looking at the. current economic problems and monetary problems and got his perspective a perspective he says that politicians are not likely to have he says they don't read history books but you know what we are giving them a clip notes just in cas
and boehner on tax policy as though this was the issue that was going to solve the u.s. economy's problems or the u.s. government's budget deficit problems and does it i mean is really such a small part of the iceberg. of economic crisis that this country has been dealing with for the past four years and lo and behold when you talk to people that have been in the game for a while like the former republican strategist has been that we spoke to they say no it's very minimally addressing the...
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even though president obama and john boehner chatted by phone, there's no deal. republicans are not amused. >> incredibly many top democrats including the president seem perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two sides will make a deal and have moved to plan b. a retired teacher in utah has put off plans to get a new car. brian chandler, a data manager in atlanta is delaying buying a house despite needing space for a second kid due any day now and several families are shrinking the gift pile beneath the christmas tree this year. how about you? are you prepared if the nation goes off the fiscal cliff? facebook.com/carolcnn. facebook.com/carolcnn. your responses later this hour. >>> it's going to take massive amount of money to help the northeast recover from sandy. some $36 billion in new jersey alone. and now it's governor chris christie pushing the federal government to pick up 100% of that cost. if you are one of the m
even though president obama and john boehner chatted by phone, there's no deal. republicans are not amused. >> incredibly many top democrats including the president seem perfectly happy to go off the cliff. that's why the president has been more interested in campaign rallies than actually negotiating a deal. >> many americans don't have much hope the two sides will make a deal and have moved to plan b. a retired teacher in utah has put off plans to get a new car. brian chandler, a...
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if boehner and obama could come together they could get within done in an hour but they have to worry about the left and right. that's why a lot of bluster. >> i think nancy pelosi will be key there will be a lot of defections on the republican side, nancy pelosi stays in the house she is a great whip. she has to convince a lot of democrats to vote yes. there are going to be been fit cuts, cuts to entitlement, otherwise republicans are not going to go along with any type of tax increase. >> greta: people make business decisions based on what they predict is going to happen. congress and the president have held us in abeyance for a year and a half on this issue which has stall the economy, people -- while they sit and lay their game and their vacation everything else, they've stalled the impact. >> the idea of all of the bush tax cuts going away, is a serious thing. here again, the president could win, having them all go over, that's an extraordinarily serious event.ss whether republicans take this offer from yesterday, whether they take it personally or they just say well -- >> greta:
if boehner and obama could come together they could get within done in an hour but they have to worry about the left and right. that's why a lot of bluster. >> i think nancy pelosi will be key there will be a lot of defections on the republican side, nancy pelosi stays in the house she is a great whip. she has to convince a lot of democrats to vote yes. there are going to be been fit cuts, cuts to entitlement, otherwise republicans are not going to go along with any type of tax increase....
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in today's first look: the president obama / congressman boehner bounce: after struggling through the first half of the session, the dow made a triple-digit turnaround, going from red to green on upbeat budget comments from washington. gold took a hit, while oil slipped a bit. regulators are pushing off the final draft of the volcker rule into next year. the rule limits the ability of banks to trade stocks, options, commodities, and more. aaa predicts gas prices for the year 2012 will be the most expensive ever. the national average is $3.63 per gallon, topping $3.51 in 2011. the current price is $3.41, down a penny in the past week. mark sebastian of option pit mentoring and consulting joins us now to talk cliffs and bluffs. good morning to you. > > good morning. > still no chance we are going off that cliff according to traders? > > i guess not. it is interesting what will happen when politicians are short on detail, long on optimism. we could really get a nice rally. we took a nice technical bounce off the 200-day moving average around 1385. i don't think we see any real resistance
in today's first look: the president obama / congressman boehner bounce: after struggling through the first half of the session, the dow made a triple-digit turnaround, going from red to green on upbeat budget comments from washington. gold took a hit, while oil slipped a bit. regulators are pushing off the final draft of the volcker rule into next year. the rule limits the ability of banks to trade stocks, options, commodities, and more. aaa predicts gas prices for the year 2012 will be the...
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president obama and speaker boehner spoke by phone yesterday for the first time in a week. white house press secretary jay carney i find very interesting refused to characterize the conversation. let's bring in congressman chris van hollen of maryland tonight. good to have you with us. >> always good to when with you. >> you bet. are democrats united on this rate issue? we keep hearing it. now that boehner is starting to move a little bit and say that the money is going to come from the wealthy, yet he hasn't identified these reductions, where do democrats stand on rates? is that the bottom line? the rates have to go up? >> the rates have to go up, ed. it's a matter of simple math, as the president has said. which is why in the house of representatives the democrats filed what's called a discharge petition that would require the speaker to bring to the floor of the house the senate bill, the senate democratic bill that immediately would extend tax relief to all middle income taxpayers and would ask higher income folks to pay more. if we can get about 26 republicans to put t
president obama and speaker boehner spoke by phone yesterday for the first time in a week. white house press secretary jay carney i find very interesting refused to characterize the conversation. let's bring in congressman chris van hollen of maryland tonight. good to have you with us. >> always good to when with you. >> you bet. are democrats united on this rate issue? we keep hearing it. now that boehner is starting to move a little bit and say that the money is going to come from...
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. >> president obama in balance making the case for increasing taxes now. dealing with the big package after the new year. house speaker boehner saying that the proposal up on capitol hill from the administration was in his words "ludicrous." and republicans saying that actually they laughed at the initial proposal from the treasury secretary yesterday. let's bring in the panel. bill kristol of "weekly standard." juan williams, columnist with the hill. syndicated columnist charles krauthammer. okay, bill, is this part of the kabuki theater, the dance, choreographed back and forth? or are we really looking at something that is in deep trouble here? >> it looks to me more like the theater. the president understandably is going to put out his optimal scenario first. especially since he is going to try to hammer republicans on the greatest vulnerability, the president will say over and over i propose and the senate democrats passed the tax cut, 98% of all americans to take a lot of, a lot of what the fiscal cliff is. move a lot of the damage to the economy on j
. >> president obama in balance making the case for increasing taxes now. dealing with the big package after the new year. house speaker boehner saying that the proposal up on capitol hill from the administration was in his words "ludicrous." and republicans saying that actually they laughed at the initial proposal from the treasury secretary yesterday. let's bring in the panel. bill kristol of "weekly standard." juan williams, columnist with the hill. syndicated...
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optimism had been growing after president obama and representative boehner made remarks wednesday that a deal could be worked out. now speaker boehner insists there are still many roadblocks in the way. last night, boehner offered no details but rejected the democrats' $4-trillion plan presented by treasury secretary timothy geithner. investors have a more optimistic view on the global economy. a new survey by bloomberg shows 2/3 of investors surveyed described the worldwide economy has either stable or improving. overall, they considered the global economy to be in the best shape in 18 months. when asked which countries will offer the best investing opportunities for next year, the u.s. ranked number 1 for the 8th quarter in a row. china came in second, and europe was considered the worst for returns. for those holding out hope for a second life for twinkies, ho- hos and ding-dongs, there's encouraging news. hostess says it is in talks with more than 100 interested buyers. at the same time, hostess is seeking approval in banruptcy court to pay its top executives $1.8 billion in bonuse
optimism had been growing after president obama and representative boehner made remarks wednesday that a deal could be worked out. now speaker boehner insists there are still many roadblocks in the way. last night, boehner offered no details but rejected the democrats' $4-trillion plan presented by treasury secretary timothy geithner. investors have a more optimistic view on the global economy. a new survey by bloomberg shows 2/3 of investors surveyed described the worldwide economy has either...